CAIRN-INT.INFO : International Edition
Page 5 to 7


Page 9 to 14
Page 14 to 16
Page 16 to 19
Page 19 to 22
Page 23 to 27
Page 27 to 31

Money, the invisible master

Page 33 to 45

The dematerialization of money

Page 47 to 58
Page 59 to 69
Page 71 to 87

The 2008 crisis, a waveless earthquake

Page 89 to 101
Page 103 to 108
Page 109 to 128

Politics and economics

Page 129 to 141
Page 143 to 156


Page 159 to 175
Page 177 to 189
Page 191 to 198
Page 199 to 205
Page 207 to 216


Page 219 to 267
Esprit’s summer issue, edited by Camille Riquier, considers the idea that capitalism has replaced God with money. Because the thirst for wealth ignores the blood of the poor, the community of money is based on a breach of trust. Do new currencies make a difference? Can we make money visible again, and hence master it?

Economist André Orléan argues that money is first and foremost a social relation. Its foundation is not the state but the community of payment. Cryptocurrencies such as bitcoin or Facebook’s libra therefore make no difference. ‘Collective belief produces value. This truth applies to all currencies.’

Historian Arnaud Orain reminds us that seventeenth-century mercantilism was a monopolistic economy of predation that flourished in a context of limited resources and mistrust of the open market. Today, we are witnessing its return: ‘Huge conglomerates, both private and public, are supported by strong leaders, who protect them on the domestic market and promise to develop military-industrial complexes aimed at helping them on foreign markets.’ Russian, Chinese and American capitalisms are the outposts of this new mercantilism, writes Orain.

Philosopher Jean-Pierre Dupuy argues that there are certain goods that money cannot buy without corrupting them. Against the obscenity of reducing all behaviour to economic considerations, anthropology reminds us of the role of symbolic exchange. ‘The exchange of gifts never ends; it forces partners to constantly renew the bond that unites them, every counter-gift is also a gift. If one were to end this sequence at any point, in order to count the money and check the balance, the whole institution would collapse.’

Source: The Eurozine Review, “What money cannot buy”

Founded by Emmanuel Mounier in 1932, this journal orients its readers in contemporary debates and investigates our democratic form of life. A people’s university, it drives a collective of authors to make sense of our global modernity. The journal is independent, cosmopolitan and committed to justice. Read more...
Uploaded on on 08/07/2019
ISBN 9782372340984
Loading... Please wait